News
Launch of New Services for the Customers of the Bit Trade Exchange
Wednesday, March 11, 2020

Dear Customers of the Bit Trade Exchange of Digital Assets,

We would like to inform you that new services are available on the Bit Trade Exchange starting from March 11, 2020, which allow:

  • Customers in the status of a legal entity to purchase and sell Bitbon digital assets as intangible assets (IA) based on the Standard Form of the Financial Services Agreement, an agreement on the provision of services for purchasing and selling virtual values. To get full access to all the services of the Bit Trade Exchange as a legal entity, you need to complete the full registration as a representative of a legal entity, who has the right to act on behalf of an enterprise. Once you are successfully verified as a natural person, you need to register as a legal entity by providing the copies of the supporting documents listed in the “Legal Entities” section.
  • Verified Customers who live in Europe, including Ukraine, as well as Russia, Kazakhstan and a number of other countries, to quickly purchase Bitbons and deposit funds to the Main Balance through new payment aggregators using popular services of fund transfer directly avoiding an intermediate stage of replenishing balance in the payment aggregator itself. Customers will soon be able to use Visa and Mastercard to purchase Bitbons and deposit funds to the Main Balance.
  • Verified Customers to create requests for withdrawal of funds from the Bitbon sale in the amount of up to 5,000 USD from the Main Balance to a bank account.

We would also like to inform you that additional methods for depositing and withdrawing funds directly through Visa and Masterсard will be added in the coming months.

The Company is convinced that the addition of new services of the Bit Trade Exchange will significantly improve the conditions for using its opportunities by Customers, which will consequently facilitate the increase in Bitbon price and liquidity.

Information for legal entities

Additional Capabilities for Customers of the Bit Trade Exchange in the Status of Legal Entities
Friday, January 17, 2020

Dear Customers of the Bit Trade Exchange of Digital Assets,

The Company continues to work on expanding capabilities of using the Bitbon digital asset.

We would like to inform you that, at the end of February 2020, the Bit Trade Exchange will present a standard contract for the provision of exchange services to conclude deals with legal entities. This contract for the provision of services for the purchase and sale of virtual values will provide an opportunity for legal entities to purchase and sell Bitbon.

We would also like to inform you that at the same time as the standard contract for the provision of exchange services will be introduced, all Customers of the Bit Trade Exchange will be provided with an additional method of withdrawing funds from Bitbon sale to bank accounts.

In addition, we would like to inform you that, in the next two months, the Company is planning to automate the process of withdrawal of funds for some payment services, which will reduce the processing time of Customer’s requests. The system of automatic withdrawal will operate 24/7, thanks to which each Customer of the Bit Trade Exchange will be able to withdraw their funds at any time — 24 hours a day, as well as on weekends and holidays.

In order to ensure convenient conditions for the Exchange’s Customers, the Company continues to integrate services of international payment systems. In the nearest future, it is planned to implement additional methods of depositing and withdrawing funds, which will allow the Customers of the Bit Trade Exchange to use payment solutions convenient for them in different countries of the world.

Announcement of the Scheduled Maintenance of Website
Monday, January 13, 2020

Dear Customers of the Bit Trade Exchange of Digital Assets,

We would like to inform you that our Company’s specialists will conduct the scheduled technical update on January 15, 2020 to optimize the operation of the services of the Bit Trade Exchange.

In this regard, the website of the Bit Trade Exchange may be unavailable for 3 hours starting from 10:00 a.m. (UTC+2) on January 15. In case of any questions during this period, you can contact our Customer Support at [email protected].

We apologize in advance for the temporary inconvenience!

Updated Trading Conditions and Bonus from the Bit Trade Exchange
Friday, December 20, 2019

Dear Customers of the Bit Trade Exchange of Digital Assets,

In order to provide Customers and Partners of the Bit Trade Exchange with more advantageous trading conditions so that they could manage volumes, time, buy and sell prices of their Bitbons, the Bit Trade Exchange has made changes to the trading conditions that come into effect on December 21, 2019 in accordance with the second stage of the development of the Bitbon System established in the White Paper.

The update was initiated as the Bit Trade Exchange has reconsidered the trading conditions regarding the charge of commission for the Bitbon sale in favor of affiliate programs, and it is the pre-last update before the start of mining.

In accordance with the updated trading conditions, in the period of increase in Bitbon liquidity, the Bit Trade Exchange has imposed the commission for the Bitbon sale under the principle “higher Bitbon sale price means lower commission”. The automatic calculation of the commission rate when specifying the price, and vice-versa, was added to the block of creating sell orders. The formula to calculate the commission rate for Bitbon sale charged by the Bit Trade Exchange is presented in the trading conditions. Using this formula, Customers of the Bit Trade Exchange can calculate the commission rate on their own.

Please note that the commission for the Bitbon sale charged by the Bit Trade Exchange is distributed among participants in the affiliate programs. In this regard, changes to the Affiliate Program have been made. It means that the remuneration according to the Affiliate Program is now up to 36.5%. To learn more about the conditions for accruing the remuneration, read the Affiliate Program Terms and Conditions.

We would also like to draw your attention to the fact that as soon as the updated trading conditions of the Bit Trade Exchange come into effect, previously placed Limit orders on the BITBON/USD instrument will be cancelled to allow Partners and Customers of the Bit Trade Exchange to place orders in accordance with the updated trading conditions. To learn more, read the trading conditions.

Additionally, we would like to inform you that tomorrow, starting from December 21, 2019, the Bit Trade Exchange offers the promotion limited in time providing you with an opportunity to receive an additional Bonus. The Bit Trade Exchange of Digital Assets allocates the bonus pool in the amount of 100,000.00 Bitbons. The Bonus will be credited for each Bitbon purchased during the validity period of the Offer and will be decreasing every week. The Offer will end if there are no allocated Bitbons left and at the Company’s initiative at any time.

We would like to draw attention of Customers and Partners of the Bit Trade Exchange to the fact that the Bonus will be credited automatically after the end of the Offer if all the terms and conditions of the Offer are fulfilled, in particular, the purchased Bitbons are kept in your Assetboxes until the termination of the Offer of the Bit Trade Exchange. You can find more information on how remuneration is accrued in the Additional Offer Terms and Conditions.

Announcement of the Scheduled Maintenance of Website
Tuesday, December 10, 2019

Dear Customers of the Bit Trade Exchange of Digital Assets,

We would like to inform you that on December 11, 2019, due to the global update of the website bitbon.space, the official information resource of the Bitbon System, our Company’s specialists will conduct the scheduled technical update to optimize the operation of the services of the Bit Trade Exchange.

In this regard, the website of the Bit Trade Exchange may be unavailable for 4 hours starting from 10:00 a.m. (UTC+2) on December 11, 2019. In case of any questions in this period, you can contact our Customer Support at [email protected].

We apologize in advance for the temporary inconvenience!